Living & Working in Honolulu
Rent vs. Buy Analysis
Median home price is $610,000 . Buying analysis suggests high upfront costs but potential long-term savings compared to renting.
Neighborhoods by Value & Commute
Waianae/Makaha
SUBURBANKaneohe
SUBURBANQuick Decision Guide
Major HVAC Employers
Top-Rated School Districts in Honolulu, HI
- Hawaii Department of Education (HIDOE): The state's public school system includes top-performing schools like Punahou School (private) and public options such as President Theodore Roosevelt High School.
- Kamehameha Schools: A private institution with campuses in KapΔlama and other locations, known for strong academic programs.
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Childcare Costs in Honolulu
- Daycare: Approximately $1,200β$1,800/month for full-time care, depending on the facility and age of the child (source).
- Nanny: $1,500β$2,500/month for live-out nannies, with live-in options potentially higher due to housing costs (source).
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Recommended Pediatricians or Family Clinics
Work-Life Balance Culture
Honolulu offers a balanced work-life culture, influenced by its island setting and outdoor-centric lifestyle. Many companies adopt flexible schedules, and remote work is increasingly common. The city's proximity to beaches and nature encourages residents to prioritize leisure and wellness.
Fitness Facilities
- Gyms:
- 24 Hour Fitness (multiple locations, membership: ~$40/month).
- YMCA of Honolulu (151 Pali Highway, membership: ~$60/month).
- Fitness Unlimited (1200 Ala Moana Blvd, drop-in: ~$20).
- Parks & Trails:
- Kapiolani Park (free, open daily) features jogging paths and ocean views.
- Diamond Head Crater Trail (entry: $5/person) offers a challenging hike with panoramic views.
- Ala Moana Beach Park (free) includes a 1.5-mile loop for walking/running.
Dining Costs
- Lunch: ~$12β$20 at casual spots like Ono Seafood (747 Kapahulu Ave) or Rainbow Drive-In (3308 Kanaina Ave).
- Dinner: ~$25β$50 at mid-range restaurants like Duke's Waikiki (2335 Kalakaua Ave) or Hoku's (500
Financial Facts for Honolulu, HI
- State Income Tax Rate: Hawaii has a progressive income tax system with rates ranging from 1.4% to 11% for 2023, depending on income brackets. The highest rate applies to incomes over $200,000 for single filers. For detailed tax tables, refer to the Hawaii Department of Taxation.
- Property Tax Average: The residential property tax rate in Honolulu is $3.50 per $1,000 of assessed value as of 2024. For example, a home assessed at $800,000 would incur an annual tax of $2,800. More details are available from the here Real Property Assessment Division.
- Cost of Living Comparison: Honolulu's cost of living is approximately 88% higher than the U.S. average, with housing costs being the primary driver. Compared to Los Angeles, here is about 12% more expensive overall. For a detailed comparison, see Dwell Hawaii's Cost of Living Analysis.
- Growing Industries: Key sectors driving job growth in Honolulu include technology, renewable energy, and healthcare. The tech industry, in particular, has seen significant expansion, with companies like Blue Startups fostering innovation